Postcode district

NP24

10 for-sale listings3 to-let listingsWarm market

Median asking price

£128K

Across 10 for-sale listings

Growth, 3 years

+1.4%

A year, annualised

Gross yield

-

Needs 5 or more listings to let and for sale

Days on market

77

Average time on market

Investment overview

Median asking price

£128K

Average £139K, range £85K to £335K

Gross yield

-

Needs 5 or more listings to let and for sale

Price growth

3 yr+1.4%
5 yr+3.2%
10 yr+5.5%

% a year, annualised over each horizon

Market heat

Warm

77 days average time on market

Median asking rent

£800/mo

Of 3 to-let listings

Most common type

Terraced

3 bedrooms on average

Market data

Listings

Summary

Homes listed

13

For sale and to let. Excludes 1 that are not homes or not monthly rents

Median asking price

£128K

Asking price range

£85K to £335K

Homes analysed

2,141

Behind the growth and area averages

For-sale listings equal 0.5% of the homes analysed.

Strategy fit

Buy to let

Not assessed

Gross yield

-

  • Fewer than 5 listings to let or for sale in NP24, too few for an indicative yield.

HMO

Strong

Median asking price

£128K

  • Low entry price (£128K) keeps conversion costs viable
  • 19% of households rent privately
  • Most listings are terraced

Flip

Moderate

Growth, 3 years

+1.4% a year

  • Prices rising +1.4% a year over 3 years
  • 77 days average time on market
  • Long-run growth of +5.5% a year over 10 years

Recent listings

The 6 most recently updated for-sale listings, a sample of 10 in NP24.